What Has Been the Growth of the Computers Market So Far?
The computers market has seen considerable growth due to a variety of factors.
• The expansion of the computer market has been robust over the past several years, with expectations to surge from $465.34 billion in 2024 to a value of $499.94 billion in 2025. This growth, propelled by a compound annual growth rate (CAGR) of 7.4%, has its roots in many factors. The increase in consumer demand, enterprise IT expenditures, the overall economic environment globally, policy measures from governments, and innovation in design have all contributed significantly to this historical growth.
How Will The Computers Market Size Evolve In The Foreseeable Future?
The computers market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the computer market size to experience robust expansion in the coming years. The anticipated valuation of $662.35 billion by 2029, with a compound annual growth rate (CAGR) of 7.3%, is testament to this. Factors contributing to this growth during the forecast period include cybersecurity issues, sustainability efforts, advances in quantum computing, and the evolution of form factors. The forecast period will also see significant trends like integration of the internet of things (IoT) and edge computing, incorporation of AI and machine learning, hybrid cloud solutions, as well as customization and personalization.
What Are the Critical Driver Fuelling the Computers Market's Growth?
The accelerated increase in investments towards intelligent urban projects worldwide is anticipated to spur the computer market growth. Smart city technologies, which expediently govern and run city services like water supply, transportation systems, and law enforcement, heavily rely on information and communication technologies. These technologies are powered by Internet of Things (IoT), a system that merges mechanical, digital objects and computing devices. It permits the network exchange of data with minimal human intervention and limited human-computer interaction. This heavily fosters the role of computers and relevant hardware, thereby proving advantageous for businesses venturing in this field. APG Algemene Pensioen Groep N.V made a declaration of a significant €250 million investment in the Smart City Infrastructure Fund, geared towards the progress of intelligent city projects in North America, Europe, Australia, and in most of the key urban districts globally. Growing economies are also progressively adopting the ideology of smart cities. As an example, there are more than 1,000 imminent or under progression smart city experimental projects around the world, out of which about 500 projects are rooted in China.
What Are The Core Segments Of The Globa Computers Market?
The computers market covered in this report is segmented –
1) By Type: PCs, Laptops, Tablets, Other Computers
2) By Distribution Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By Application: Household, Commercial
Subsegments:
1) By PCs: Desktops, All-in-One PCs, Workstations
2) By Laptops: Traditional Laptops, Ultrabooks, Gaming Laptops, 2-in-1 Laptops
3) By Tablets: Standard Tablets, Rugged Tablets, Tablet PCs
4) By Other Computers: Mini PCs, Thin Clients, Home Theater PCs (HTPCs)
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Which Emerging Trends Are Reshaping The Computers Market?
The Internet of Things (IoT) is rapidly emerging as the new significant trend in the computer industry, holding the potential to considerably impact various business domains. The IoT has seamlessly integrated physical and digital realities, paving the way for an array of opportunities for corporations, governments, and individuals. The IoT architecture is intricate, comprised of multiple actors including device manufacturers, telecommunications service providers, software developers, and IT service firms. For example, the August Smart Lock employs the IoT platform to autonomously lock and unlock a user's home entrance door and also provides remote access to visitors, friends or employees.
Who Are the Key Players in the Computers Market?
Major companies operating in the computers market include:
• Apple Inc.
• Microsoft Corporation
• Dell Technologies Inc.
• Hewlett Packard Enterprise Co.
• Lenovo Group Ltd.
• Intel Corporation
• IBM Corporation
• ASUS Computer International
• Acer Inc.
• Samsung Electronics Co. Ltd.
• Fujitsu Ltd.
• Toshiba Corporation
• NVIDIA Corporation
• AMD (Advanced Micro Devices)
• Cisco Systems. Inc.
• Panasonic Corporation
• LG Electronics Inc.
• Huawei Technologies Co. Ltd.
• Sony Corporation
• Oracle Corporation
• Hitachi. Ltd.
• NEC Corporation
• Kingston Technology Corporation
What are the Regional Insights into the Computers Market?
Asia-Pacific was the largest region in the computers market in 2024. North America was the second largest region in computers market. The regions covered in the computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
